Agenda item - Home Purchase Policy Opportunity - Disposal of 84 Coombe Road

Report of the Executive Director Economy Environment & Culture (copy attached)

RESOLVED: That the Committee –

1.    Agreed to appropriate 84 Coombe Road, Brighton from existing purposes to Housing Act purposes.

2.    Agreed that the General Fund should receive the value of £290,000 in consideration for the appropriation at recommendation 1.

3.    Agreed to authorise the retention of the net capital receipt to be used for reinvestment by Families Children and Learning to support the integration of disability services by co-locating the teams in Wellington House.

4.    Noted that the appropriation referred to at 2.1.1 above will take place when the Policy, Resources & Growth Committee makes the decision to appropriate and that the funds referred to at 2 will be transferred following that decision.

112.1  RESOLVED: That the Committee –

1.    Agreed to appropriate 84 Coombe Road, Brighton from existing purposes to Housing Act purposes.

2.    Agreed that the General Fund should receive the value of £290,000 in consideration for the appropriation at recommendation 1.

3.    Agreed to authorise the retention of the net capital receipt to be used for reinvestment by Families Children and Learning to support the integration of disability services by co-locating the teams in Wellington House.

4.    Noted that the appropriation referred to at 2.1.1 above will take place when the Policy, Resources & Growth Committee makes the decision to appropriate and that the funds referred to at 2 will be transferred following that decision.